Subject: Re: Goog vs Msft
Though true, this has been an exuberant bull market that has flattered large tech companies.
Remember that Microsoft's PE range (say) 2008-2014 was 8-25, average 12.6. At that multiple, the current price would be $172, not $524
And going back even further, it has traded above a PE of 60; so the range of possibilities is quite wide. A very true qualifier to my forecast would be
"assuming current market conditions continue"
tecmo
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